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Books > Business & Economics > Business & management > Ownership & organization of enterprises > Non-profitmaking organizations
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Financial Management for Nonprofit Organizations - Policies and Practices (Hardcover, 3rd Edition)
Loot Price: R2,986
Discovery Miles 29 860
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Financial Management for Nonprofit Organizations - Policies and Practices (Hardcover, 3rd Edition)
Expected to ship within 12 - 19 working days
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Essential tools and guidance for effective nonprofit financial
management Financial Management for Nonprofit Organizations
provides students, professionals, and board members with a
comprehensive reference for the field. Identifying key objectives
and exploring current practices, this book offers practical
guidance on all major aspects of nonprofit financial management. As
nonprofit organizations fall under ever-increasing scrutiny and
accountability, this book provides the essential knowledge and
tools professional need to maintain a strong financial management
system while serving the organization's stated mission. Financial
management, cash flow, and financial sustainability are perennial
issues, and this book highlights the concepts, skills, and tools
that help organizations address those issues. Clear guidance on
analytics, reporting, investing, risk management, and more comprise
a singular reference that nonprofit finance and accounting
professionals and board members should keep within arm's reach.
Updated to reflect the post-recession reality and outlook for
nonprofits, this new edition includes new examples, expanded
tax-exempt financing material, and recession analysis that informs
strategy going forward. Articulate the proper primary financial
objective, target liquidity, and how it ensures financial health
and sustainability Understand nonprofit financial practices,
processes, and objectives Manage your organization's resources in
the context of its mission Delve into smart investing and risk
management best practices Manage liquidity, reporting, cash and
operating budgets, debt and other liabilities, IP, legal risk,
internal controls and more Craft appropriate financial policies
Although the U.S. economy has recovered, recovery has not addressed
the systemic and perpetual funding challenges nonprofits face year
after year. Despite positive indicators, many organizations remain
hampered by pursuit of the wrong primary financial objective,
insufficient funding and a lack of investment in long-term
sustainability; in this climate, financial managers must stay
up-to-date with the latest tools, practices, and regulations in
order to serve their organization's interests. Financial Management
for Nonprofit Organizations provides clear, in-depth reference and
strategy for navigating the expanding financial management
function.
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